AVP of Loan Participations
About The Position
The Assistant Vice President of Loan Participations is responsible for leading the strategic direction, development, and performance of the credit union's loan participation program, including both loan sales and purchases. This role manages key external partnerships and oversees participation activities to support balance sheet strategy, liquidity management, and risk diversification while ensuring alignment with the credit union's mission and member-first approach. The AVP collaborates closely with leadership, Finance, Accounting, and lending teams to evaluate portfolio composition, identify opportunities, and ensure appropriate risk distribution. This role is accountable for regulatory compliance, operational effectiveness, and governance of participation activities, while providing reporting and analysis to executive leadership to inform decision-making. Through strong leadership and cross-functional collaboration, the AVP promotes accountability, efficiency, and continuous improvement across the program.
Requirements
- Five years to eight years of similar or related experience.
- A bachelor's degree, or achievement of formal certifications recognized in the industry as equivalent to a bachelor's degree (e.g., information technology certifications in lieu of a degree).
- Work involves extensive personal contact with others and is of a personal or sensitive nature. Motivating, influencing, and/or training others is key at this level.
- Outside contacts become important and fostering sound relationships with other entities (companies and/or individuals) becomes necessary and often requires the ability to influence and/or sell ideas or services to others.
- Strong analytical and financial acumen.
- Excellent verbal and written communication skills.
- Knowledge of loan participation structures, agreements, and regulatory requirements including NCUA Part 701.22.
- Familiarity with GAAP/CECL accounting standards as they relate to loan assets.
- Proficiency with financial modeling and reporting tools.
- Ability to think strategically and execute tactically.
- Strong problem-solving and decision-making skills.
- Some adjusting or moving objects up to 30 pounds in all directions.
- Must be able to remain in a stationary position for prolonged periods.
- Repeating motions using wrists, hands, and/or fingers while operating a computer.
- Frequent verbal and written communication.
- Close and continuous visual acuity for data analysis, transcribing, and extended reading.
Responsibilities
- Develop and manage the execution of the loan participation strategy, including identifying opportunities for loan sales and purchases to optimize balance sheet performance, manage concentration risk, and support liquidity objectives.
- Oversee the ongoing evaluation and management of third-party loan purchase programs, ensuring that loan purchase and participation activities remain consistent with the credit union's mission to serve its members and do not disproportionately displace lending capacity available to Rogue's core membership.
- Manage transitions, adjustments, or wind-downs of existing external commitments as needed.
- Develop and maintain strong relationships with credit union partners, fintechs, CUSO partners, and participation networks.
- Negotiate participation agreements and manage flow purchase arrangements, ensuring all partnerships are mutually beneficial and aligned with the credit union's financial and strategic objectives.
- Regularly evaluate the performance and value of ongoing external relationships and make formal recommendations to executive leadership to restructure, resolve, or discontinue relationships.
- Partner with Finance, Lending, and Credit teams to analyze portfolio composition, loan performance, and risk exposure.
- Evaluate the sale or purchase of loan assets, always prioritizing member service and alignment with the credit union's strategic focus.
- Recommend participation strategies based on data-driven insights and current market conditions.
- Prepare and deliver regular reporting to ALCO and executive leadership, including quarterly updates on participation activity, portfolio performance, yield, liquidity impact, and risk metrics.
- Provide actionable insights and strategic recommendations based on portfolio trends.
- Ensure full compliance with all regulatory requirements - including NCUA Part 701.22 - accounting standards (GAAP/CECL), and internal policies related to loan participations.
- Maintain appropriate documentation and audit readiness.
- Monitor the regulatory environment and proactively update practices to reflect changes in requirements.
- Identify and implement process improvements through data analytics, automation, and technology solutions to increase efficiency, accuracy, and scalability of participation activities.
- Provide leadership, coaching, and development to team members, fostering a high-performance and collaborative environment.
- Establish clear accountability measures and support key-person risk planning by documenting critical processes and controls, maintaining cross-training/backup coverage for core participation functions, and periodically testing coverage for planned and unplanned absences.
- Proactively perform other duties as assigned.
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What This Job Offers
Job Type
Full-time
Career Level
Manager
